Facts About the Caribbean Basin

CARIBBEAN BASIN

28 COUNTRIES COMPARE POPULATION

There are 28 countries in the Caribbean.  It may take some addition to compare to a single large country. For example, the population of all these countries together is 42.0 million.  The population of New York State is 19.9 million.  The population of Texas is 28.3 million. Florida population is 20.9 million.  I suspect that the various Central American and South American countries on the Gulf coast that are part of the Caribbean Basin, would indirectly add a lot more to the pot of opportunity.

As of June 2013     , the Caribbean-American population of the United States was approximately 11.1 million (Note that these populations are not mutually exclusive, as people may be of more than one ancestry or ethnic group). Some of the largest Caribbean ancestry groups in the U.S. include:

4.9 million Puerto Ricans

1.9 million Cubans

1.6 million Dominicanos

1.0 million Jamaicans

908,000 Haitians

196,000 Trinidadians and Tobagonians

62,000 Bajans

53,000 Bahamians

17,000 U.S. Virgin Islanders

U.S.-Western Hemispheres Trade Facts

https://ustr.gov/countries-regions/americas

U.S. Trade in Goods by Country

https://www.census.gov/foreign-trade/balance/index.html

Caribbean Basin: Exporter Guide

December 19, 2019   |   Attaché Report (GAIN)

Link to report: Caribbean Basin: Exporter Guide

In 2018, the United States exported over $1 Billion in U.S. consumer-oriented products to the Caribbean Basin. With limited agricultural production, most Caribbean islands rely heavily on imported food products, particularly from the United States. The United States, with a 53 percent market share, is the main supplier of food products to the Caribbean. This report aims to provide U.S. suppliers general information on export opportunities in the Caribbean Basin.

Caribbean Basin: Exporter Guide

https://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Exporter%20Guide_Miami%20ATO_Caribbean%20Basin_12-31-2019

Office of United States Trade Representative.

Countries and Regions

https://ustr.gov/countries-regions#:~:text=The%20top%20five%20suppliers%20of,Union%2027%20were%20%24515%20billion.

Import Trade with Puerto Rico

https://www.google.com/search?q=import+trade+with+Puert+Rico&oq=import+trade+with+Puert+Rico&aqs=chrome..69i57.31915j0j7&client=ms-android-tmus-us-revc&sourceid=chrome-mobile&ie=UTF-8

Exports Between the United States and Puerto Rico: When to File Electronic Export Information

https://www.census.gov/newsroom/blogs/global-reach/2020/07/exports_between_the.html

Haiti Exports - March 2022 Data - 2008-2021 Historical - April Forecast - Chart - News

https://tradingeconomics.com/haiti/exports#:~:text=Haiti%20mostly%20exports%20clothing%2C%20scrap,Dominican%20Republic%20and%20Netherland%20Antilles

● IMPORTANCE OF EXPORT OF SERVICES

Leading services imports from Western Hemisphere to the U.S. were in the travel, insurance services, and transportation sectors.